NVIDIA Plans to Invest $3 Billion in Lancium to Support "Stargate" Data Center Project

TechFlow news, August 8: NVIDIA plans to invest up to $3 billion in power infrastructure developer Lancium, with an initial investment of $2 billion to acquire approximately 20% equity stake, and an additional $1 billion may be added later if targets such as grid interconnection are met. Lancium is backed by Blackstone Group, and its "Clean Campus" in Abilene, Texas is the site of the first phase of NVIDIA's "Stargate" AI supercomputing data center project. The company is currently valued at approximately $10 billion and is evaluating an IPO in 2027.